Private Equity/Venture Capital

JunHe’s private equity/venture capital practice is one of our core businesses and we are pioneers in this area in China. We are able to not only provide investors and enterprises with expertise in the various stages of private equity including the seed stage, start-up stage, expansion stage and mature stage, but also advise on IPOs, M&A and restructuring, buyback and other divestment, making it one of the only law firms in the country able to provide full-process, quality, one-stop legal services.


Our Team


JunHe has 10 partners dedicated to private equity/venture capital law, many with over 20 years of experience. Most of our partners have practiced in famous international and domestic law firms, large financial institutions or investment institutions both in and outside of China, gaining solid and extensive professional knowledge as well as international insight.


The International Financial Law Review (IFLR), an international legal publication, has consistently awarded the ‘Top Recommended Law Firm’ in private equity in China, to JunHe’s private equity/venture capital team.


Core Areas of Practice


Clients represented by JunHe include private equity/venture capital funds, as well as investment companies and banks providing financing for M&A and IPO underwriters. JunHe provides legal services for all stages of the lifecycle including investment, management, exit, liquidation, and dissolution.


Specifically, Our Services Include:

  • Investment and M&A, legal due diligence investigation, assistance in satisfying regulatory requirements, investment structuring, drafting and negotiating legal documents, government approvals (including anti-trust reviews) and closing of equity transfer.

  • Domestic and Foreign Leveraged Acquisition, including financing structuring, collateral arrangements, drafting and negotiating legal documents, government approvals, collateral registration and the issuance of bonds in the security market.

  • Divestment including sale of businesses and initial public offerings by investors of target companies.

Recent Representative Cases

JunHe assisted China Capital Investment Group in its investment in Zhejiang Leapmotor Technology Co., Ltd.


Zhejiang Leapmotor Technology Co., Ltd. (“Leapmotor”) is a smart EV company with the ability to research and build its own vehicles in all areas, covering smart EV design, R&D and manufacturing, intelligent driving, electrical engineering & motor control, battery system development and cloud computing-based Internet of Vehicles solutions. It submitted to the Hong Kong Stock Exchange the application for IPO on March 18, 2022. This project is the round Pre-IPO financing of Leapmotor, with a financing amount of more than RMB 4.5 billion, led by China Capital Investment Group. In this project, JunHe assisted China Capital Investment Group in the legal due diligence investigation into Leapmotor, drafting, negotiation and modification of transaction documents, and closing matters.


JunHe assisted Sino-Ocean Capital in its investment in BeauCare Clinics


BeauCare Clinics (Beijing) Medical Investment Co., Ltd. (“BeauCare Clinics”) is an international investment group engaged in the investment in and management of international high-end medical beauty, and has become a relatively large investment and operation platform supporting doctors in the medical beauty industry to start their own businesses. This project is the round C financing of BeauCare Clinics, which was exclusively invested by Sino-Ocean Capital. Acting as the special legal counsel to Sino-Ocean Capital, JunHe participated throughout this project in legal due diligence, demonstration of transaction scheme, drafting of transaction documents and negotiation with the counterparty.


JunHe provided legal services to Bain Capital in its acquisition of Diversey’s businesses.


Bain Capital is an internationally-renowned equity investment fund, managing funds of more than USD 65 billion, involving private equity, venture capital, public equity hedge funds and leveraged debt. In September 2017, the global acquisition of the Diversey branded businesses by Bain Capital was closed globally (including in China), with a transaction value of USD 3.2 billion. Since May 2017, JunHe has participated in this project as the Chinese legal counsel of Bain Capital. JunHe has, provided legal services for the management of many of Bain Capital’s Chinese assets, including the establishment and operation of a company in Shanghai, obtaining government approvals for the new company, the execution of the lease contract, the completion of procedures for the shareholder’s loan, the application for a dangerous chemical permit, and the completion of employee transfers.